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Super Retail Group delivers record sales, eyes expansion

Inside Retail

Online sales grew 44 per cent to $601 million with click-and-collect accounting for 55 per cent of online sales — surging 73 per cent to $332 million. The retailer has plans to open 30 new stores across its four core businesses in the next financial year and add five new Rebel Customer Experience-format stores.

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Australia’s supply chains should never look the same again

Inside Retail

This is particularly true for retail supply-chain management. Retailers are learning from category disruptors like Who Gives a Crap, Nude Wines, and Hello Fresh that customers are eager to change their behaviour from habitual or opportunistic purchasing to planned subscriptions across many categories. /

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“20,000 stores in China by 2026 is the target” – Joey Wat, Yum China’s CEO

Inside Retail

Key highlights In her presentation during the Investor Day, Wat unveiled some key financial highlights for the company and outlined future expansion plans in China. While the company already has 445 million customers , there are at least 1 billion more who are still up for grabs. billion and an operating profit of $673 million.

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“20,000 stores in China by 2026 is the target” : Joey Wat, Yum China’s CEO

Inside Retail

Key highlights In her presentation during the Investor Day, Wat unveiled some key financial highlights for the company, and outlined future expansion plans in China. While the company already has 445 million customers , there are at least 1 billion more who are still up for grabs. billion and an operating profit of $673 million.

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Demand Forecasting in Supply Chain – Getting it Right in 2024

Retalon

While nearly three-quarters of all retailers still rely on simple, and consequently limited, tools such as Excel spreadsheets, the integration of AI-driven technologies in supply chain management is revolutionizing how demand forecasting for forward-thinking retailers. What is supply chain demand forecasting?

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Harris Poll Survey: How Supply Chain Operations Impact Customer Satisfaction During Coronavirus and Beyond

Retail TouchPoints

Consumers’ increased desire to stay home has contributed to the shift as well, accounting for the rise of online shopping during coronavirus. The supply chain has faced fulfillment challenges from this influx of online orders, along with a myriad of crisis-related disruptions including: Long wait times at warehouse depots.

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Tackling the Growing Problem of Fashion Returns Earlier in the Supply Chain

Retail TouchPoints

Even the smallest of discrepancies in accuracy errors can disrupt the ‘perfect fit’ and translate directly into customer dissatisfaction. Circling back into the feedback loop, manual supply chain management can contribute to product inaccuracies, thus further heightening the levels of returns.

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